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NEIU Company purchased merchandise inventory with an invoice price of $12,000 and credit terms of 1/15, n/30. What is the net cost of the goods

NEIU Company purchased merchandise inventory with an invoice price of $12,000 and credit terms of 1/15, n/30. What is the net cost of the goods if NEIU Company pays within the discount period? a. $11,650 b. $11,800 c. $11,880 d. $12,000

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